Title:  Sourcing Outsourcing & Offshoring - Senior Consultant

About Chain IQ

Chain IQ is an Independent Global Indirect Procurement company providing strategic, tactical, and operational procurement services. Headquartered in Zurich, Switzerland Chain IQ operates from 6 main centers and 14 offices worldwide.

Our team of experts work to transform procurement within an organization utilizing our market knowledge and insights supported by innovative technology to drive procurement efficiencies. 

We apply the latest risk, sustainability, and social responsibility practices to strengthen procurement resilience. Chain IQ’s approach to ESG supports ethical operations, business standards and bio-diversity whilst minimizing environmental impact.

Join our Team

It is an exciting time at Chain IQ and our team in Jersey City are looking for a Sourcing Senior Consultant in Outsourcing and Offshoring Services.

Chain IQ generate value far beyond cost reduction. We transform our client’s indirect procurement towards a world-class, resilient, ethical and digitalized end-to-end function. We promote a culture of collaboration and shared excellence while encouraging an open and honest exchange of ideas. We offer the potential for significant corporate growth and career development.

Our ambition is to strengthen the existing highly experienced team to provide the best in industry support to our growing client base.

Role Purpose

The primary purpose is to deliver value-add sourcing services to clients in a structured, professional and consistent manner.

We are seeking a dynamic, client-focused individual to join our US Outsourcing and Offshoring Sourcing team. The candidate must have experience in the end-to-end sourcing lifecycle across a range of outsourcing categories including ITO and BPO and be capable of performing in a consultative capacity.  

Responsibilities

We are currently seeking a Senior Consultant to join the Outsourcing and Offshoring Services team. The Sourcing Consultant needs to be a dynamic, highly client-focused individual with proven experience within Outsourcing and Offshoring Services.

The individual will have experience in working with the main suppliers in the Americas and globally of Outsourcing and Offshoring Services.

Main responsibilities will include:

• Establishing and maintaining strong relationships with business partners with client centricity as a guiding principle
• Leading assigned sourcing initiatives (tactical and strategic), which vary in terms of scope and scale for IT related Outsourcing services including subcategories of:
  • Application Development,
  • Production support and maintenance,
  • Testing and Test Automation, and
  • Other Software Development Lifecyle related activities.
• Conducting market tenders including drafting and launching tool-based RF(x)s and managing the evaluation across a cross-functional team to help clients determine supplier selection
• Understanding business requirements in the areas listed above and shaping deals to meet those requirements with a capability to align outsourcing strategies to client organizational goals.
• Calculating financial baselines, pricing models and future case analysis from client data for use in developing negotiation strategies.
• Assess, analyze and drive savings opportunities
• Negotiating deals to achieve optimal commercial terms
• Drafting contracts based on standard terms and conditions (including master agreements, task orders, change orders, amendments, etc.)
• Documenting sourcing event workflow and related project admin within client and Chain IQ tools to capture final record closure
• Building relationships with key suppliers
• Maintaining market awareness for assigned categories and contributing to sourcing area plans including sound understanding and experience of outsourcing trends including; digital transformation, Fintech collaboration, nearshoring, outsourcing, insourcing, risk management.
• Adhering to the Chain IQ corporate standards, including using the defined sourcing tools and processes in delivery of sourcing initiatives, maintaining and managing contract data quality.
• On-Site Presence: Commit to working 2-3 days per week in our midtown Manhattan office and 1 day per week in Jersey City, ensuring effective collaboration and engagement with stakeholders.  

Requirements

• Bachelor’s Degree (or higher)
• Minimum 5+ yrs. experience with active contract and commercial sourcing negotiations across the following outsourcing (ITO) subcategories:
  • Application Development,
  • Production support and maintenance,
  • Testing and Test Automation,
  • Other Software Development Lyfecyle related activities
  • IT Professional Services / IT Consulting
• Knowledge and application of relevant services models (e,g. co-sourcing, complete sourcing, on-demand,  etc.) and understanding of the different types of outsourcing (BPO, KPO etc.)
• Desired experience in Business Process related Outsourcing (BPO) services e.g.:
  • Finance and Accounting,
  • Contact Centers,
  • Banking related securities and trade operations,
  • Research and analytics,
  • Presentation/ desktop publishing services,
  • Mortgage and Loan operations,
  • Cards Services,
  • Financial Advisory back-office Services,
  • and other related areas
• Advanced skills with Microsoft PowerPoint and Excel and database analytic tools and sourcing systems
• Proven capability running multi-million-dollar sourcing projects
• Experience with contracts and ability in contract drafting, with limited legal support
• Excellent oral and written communication and negotiation skills
• Client/stakeholder focus within the corporate environment with the gravitas to influence stakeholders
• Ability to manage multiple priorities, often to tight deadlines, and deliver results
• Professional team player - committed, motivated and flexible
• Ability to commute comfortably to midtown Manhattan and Jersey City as required

What We Offer
We offer a comprehensive compensation and benefits package where you’ll be rewarded based on your performance and recognized for the value you bring to the business. The salary range for New York City Metro Area is $80,000 to $135,600, plus individuals may be eligible for an annual discretionary bonus. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, qualifications, skills, location and applicable employment laws.

In addition, our Total Rewards package includes medical, vision and dental coverage, 401(k), and a wide range of paid time off options. You’ll also be granted time off for designated Paid Holidays, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.

We are Great Place To Work® certified in Switzerland, the United States, the United Kingdom, Singapore, Romania, Poland and China.

We proudly offer a first-class benefits package to all employees, so come and join Chain IQ and become part of an innovative, inspiring, and high-performing team of entrepreneurs, who are globally connected and locally anchored.

Please let us know if you require any assistance during the recruitment process so that we can work with you to meet your needs.

Furthermore, please be advised that if you submit an application to us for this position, your application and personal details will be processed in accordance with our Data Privacy Notice for Job Candidates.

Important notice to Employment Businesses/Agencies:

CHAIN IQ does not accept referrals from employment businesses and/or employment agencies in respect of the vacancies posted on this site. All employment businesses/agencies are required to contact our CHAIN IQ recruitment team to obtain prior written authorisation before referring any candidates. In the absence of such written authorisation being obtained any actions undertaken by the employment business/agency shall be deemed to have been performed without the consent or contractual agreement of CHAIN IQ. CHAIN IQ shall therefore not be liable for any fees arising from such actions or any fees arising from any referrals by employment businesses/agencies in respect of the vacancies posted on this site